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NASDAQ Suspends China Ritar Power Corp.

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NEW YORK, June 23, 2011 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market® (Nasdaq:NDAQ) today announced that China Ritar Power Corp. (Nasdaq:CRTP), which has been subject to a trading halt since April 18, 2011, will be suspended from the NASDAQ Stock Market effective June 24, 2011, in light of the company's determination to withdraw its securities from listing. As a result, the company's shares may be eligible to resume trading in the over-the-counter market.

For more information about The NASDAQ Stock Market, visit the NASDAQ Web site at http://www.nasdaq.com.

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CONTACT: NASDAQ OMX Media Contact: Wayne Lee +1-301-978-4875 Wayne.D.Lee@NASDAQOMX.Com

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